REA Group Limited (OTCMKTS:RPGRY) Sees Large Growth in Short Interest

REA Group Limited (OTCMKTS:RPGRY) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 2,000 shares, a growth of 1,900.0% from the January 15th total of 100 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 1.3 days.

REA Group Stock Up 9.1 %

Shares of RPGRY opened at $45.13 on Thursday. REA Group has a 52 week low of $26.91 and a 52 week high of $45.13. The company has a 50-day simple moving average of $39.58 and a 200-day simple moving average of $38.51.

REA Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.1724 per share. The ex-dividend date is Wednesday, March 5th. This is a positive change from REA Group’s previous dividend of $0.13.

REA Group Company Profile

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.